Thursday, July 11 2019 17:08

ACBA-Credit Agricole Bank has made a new proposal for SMEs

ACBA-Credit Agricole Bank has made a new proposal for SMEs

ArmInfo. ACBA-Credit Agricole Bank in the framework of the program "My business, my bank" offers a new format of cooperation, providing not only the financing of  business, but also the provision of various non-financial services.  This was reported to ArmInfo in the press service of the bank.

<The program has been implemented for a year now and in addition to  financing it provides non-financial services. At the moment, we offer  small and medium businesses advertising in the most crowded, crowded  areas of the city, which perhaps they would not allow themselves, but  we can assist our clients in this matter. The "My Business, My Bank"  program approach is a continuation of the Bank's policy, which we  have been conducting for 5 years, providing services that help  businesses not only from a financial point of view. We are doing all  this in support of the development of small and medium-sized  businesses in the country, "said Arsen Melkonyan, Deputy Chief  Executive Officer of ACBA-Credit Agricole Bank.  According to the  source, the My Business, My Bank program was launched in 2018. In  order to stimulate the development of small and medium-sized  enterprises, the bank has been conducting free business courses for  about 5 years, providing SMEs with the new knowledge necessary to  manage and improve competitiveness in the market.

More detailed information on the program is presented at the  following link: Recall  that ACBA-Credit Agricole Bank CJSC has been operating in Armenia  since 1995. Shareholders of the bank as of January 1, 2019 are:   Joint-Stock Company SJSC "Sacam International" (member of Credit  Agricole S.A) - 6.48% and ACBA Federation CJSC - 93.52%. 

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